The Weekly News Roundup: February 10th 2021
It’s that time of the week! Where we discuss the latest happenings in crypto and blockchain space. We’ve seen the major news about price surges of the cryptocurrencies — Bitcoin, Ethereum, and Cardano. Huge companies are now stepping in and get themselves involved in the future of finance. Grayscale, which has an increasing worth of cryptocurrencies, buys more Ethereum as the price soars to its new ATHs. This is followed by Bitcoin’s price spike after Tesla, the seventh-largest company in the world, declared its $1.5 billion worth of Bitcoin purchase. Another big fan of bitcoin, Twitter’s CEO Jack Dorsey, now runs a bitcoin node.
Every week, the crypto industry never fails to bring more people in the space. It’s exciting to see what the crypto industry holds for us in the next few days, weeks, and months. Now that we have Valentine’s day coming, have you ever thought about sharing your love for crypto with your loved ones?
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ADA Price Surges to $0.50 as Cardano Upgrades to Mary Hard Fork
After Cardano’s major upgrade to Mary Hard fork, ADA (Cardano’s native token) is now ranked as sixth by market cap with $15.66B with a 24-hour trading volume of $4.5 billion. With Mary hard fork, Cardano will be transformed into a multi-asset network that will make users capable of issuing and distributing their own tokens on the Cardano blockchain. This gives path to more opportunities to the Cardano community and those who are using the blockchain. Read more
First Time in History: Ethereum Soars Above $1,800
Following the CME’s Ethereum Futures launch, Ethereum made its mark by breaking through $1,800 for the first time in history. ETH hits its new record coinciding with Bitcoin reaching two all-time highs in a row. A major week for the top cryptocurrencies. Read more
The Elon Candle: BTC’s Price Above $48K
After Tesla, the world’s largest car manufacturer, disclosed their Bitcoin purchase worth $1.5 billion. This has caused the Bitcoin spike to hit above $48K, a record-breaking price surge. Tesla is only behind MicroStrategy in terms of the amount of Bitcoin held on its balance sheet. Read more
Jack Dorsey Now Runs a Bitcoin Node
The Twitter CEO, Jack Dorsey, has always been a fan of Bitcoin since 2014, integrating with it and investing in it. One of his latest tweets was captioned “Running #bitcoin” showing that he’s now running a bitcoin node. Read more
Show Your Love with Bitcoin
Valentine’s Day is fast approaching. We have been traditionally celebrating this day by spending time with our loved ones with special dinner dates, chocolates in tow, and exchanges of heartfelt messages. Have you ever thought about putting some twists like sharing Bitcoin to show your love for someone? Read more
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